Capital

Build a funding risk control system with sustainability as the goal

Funds are the lifeblood of enterprise operation, and their normal circulation determines the survival and development of the enterprise. If the flow of funds is insufficient or the circulation is not smooth, the normal business order will be disrupted, and the enterprise will face the risk of production stoppage or bankruptcy.

The material procurement, production operation, inventory reserve, market promotion, customer maintenance, personnel salary and other aspects of an enterprise require financial participation to operate normally. The efficiency of fund operation is directly related to the profitability of the enterprise. Enterprises with good capital operation will bring good profits to the enterprise, while enterprises with poor capital operation may not only fail to bring benefits, but also lead to losses. The reason for the losses is not only due to the commercial risks of the business itself, but also due to the lack of attention to financial risk prevention and control. Many companies have gone bankrupt or gone bankrupt not because of problems with the business itself, but because of lax control over financial risks.

Capital flows like a tide, witnessing the rise and fall of many enterprises. What financial risks does the enterprise face? How did the funding issue arise? How to avoid these risks? Lawyer Weiying has created a lecture courseware on "Financial Risk Control System" through risk analysis and summarization, which can analyze from multiple dimensions and discuss with corporate leaders, financial managers, financial personnel, company legal affairs, etc.Friends in need can contact us.

Financial risk control system

One major goal: sustainable operation

Two major tasks: efficient operation, compliance, and security

Three major stages: funds entering, operating, and expenditure of funds

Four major elements: balance of income and expenditure, balance of allocation, balance of investment and financing, balance of liabilities

Five major personnel: Finance Department, Procurement Department, Production Department, Sales Department, Human Resources Department 

Six major risks: bad debt risk, liquidity risk, cost risk, high interest risk, associated risk, criminal risk

Seven major systems: credit sales system, collection system, reimbursement system, financing system, guarantee system, procurement system, anti bribery system

Eight major disputes: payment disputes, loan disputes, guarantee disputes, financing disputes, fundraising disputes, misappropriation disputes, embezzlement disputes, bankruptcy disputes

Nine major problems: excessive credit sales, difficult response to accounts receivable, difficult payment, broken funds, high interest loans, joint guarantees, illegal fundraising, misappropriation, embezzlement, and false invoicing

Ten methods: Moderate credit sales, timely payment collection, able to pay within the limits of income, moderate refusal to guarantee, legal financing, avoidance of encroachment, and prevention of false opening Rational expansion